Netflix stock soars after strong subscriber gains, Oracle teams with OpenAI and SoftBank in a $500 billion AI infrastructure partnership, and Johnson & Johnson falls after mixed guidance.
Wall Street closed higher, with the S&P 500 index scoring an all-time high. Blowout Netflix results and plans for $500b AI investment fuel gains.
President Donald Trump's boost to AI demand hopes is outweighing fresh tariff threats on China and the EU, as earnings season rolls on.
U.S. stock-market futures pointed to opening gains on Wednesday after Netflix posted better-than-expected results and President Donald Trump unveiled an artificial-intelligence infrastructure package.
Netflix stock is surging 14% in premarket trade as the streaming service raised its 2025 outlook. Oracle stock rose 9% and Nvidia shares rose 3% after the announcement of a $100 billion AI infrastructure plan backed by President Donald Trump.
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Netflix, Oracle and other tech stocks lifted U.S. indexes as their profits pile higher and excitement builds around AI's moneymaking prospects.
Wall Street's indexes climbed on Wednesday, with the S&P 500 reaching record highs. Investors celebrated Netflix's subscriber boost and Trump's $500 billion AI investment plan. The technology sector led gains,
Wall Street’s indexes rose today, with the benchmark S&P 500 hitting an intraday record high as investors cheered streaming video provider Netflix’s quarterly report and President Donald Trump’s private-sector artificial intelligence infrastructure investment plan.
Netflix beats forecasts, airline resurgence, AI ramp-up, and more...